Altcoin Season Index Hits 70, SOL and HYPE Lead the Rally
The altcoin market is showing renewed strength as the Altcoin Season Index hit 71 this week, its highest reading since December 2024. This surge signals a broad rotation of capital into high-utility altcoins, with Solana (SOL) and Hyperliquid (HYPE) emerging as clear front-runners.
While Bitcoin consolidates, altcoins are benefiting from rising speculative appetite. The Crypto Fear & Greed Index at 51 (neutral) suggests there is still room for upside if momentum continues to build.
HYPE: Futures Dominance and Technical Breakout
Hyperliquid’s strong fundamentals continue to attract attention. The protocol controls an estimated 70% of perpetual futures market share and generated $110 million in revenue in August alone. This dominance makes HYPE one of the most revenue-productive assets in the current cycle.
On the technical side, HYPE is consolidating after a decisive breakout:
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Price action: Cleared the $50 psychological resistance on September 12, now trading near $55.
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MACD: Bullish crossover (2.83 > 2.38 signal line) confirms momentum.
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RSI (63.17): Neutral-bullish, leaving room for upside before overbought conditions.
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Fibonacci resistance: Next target sits at $61.94 (127.2% extension level).
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Support: $52–$53 zone remains critical.
A sustained close above $57.34 (recent swing high) could unlock upside toward $67.80. However, derivatives open interest dipped 9% this week, signaling caution from leveraged traders who may be wary of volatility.
Solana: TVL Growth Fuels Bullish Momentum
Solana continues to ride a wave of institutional and DeFi interest. Since June, its Total Value Locked (TVL) has surged 57% to $12.27 billion, led by protocols such as Raydium and Jito. This growth has positioned Solana as a leading hub for capital deployment in the current market rotation.
Technicals confirm the improving momentum:
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Reclaimed: 30-day SMA ($208.6).
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MACD histogram: Flipped positive at +2.01, signaling a shift back to bullish momentum.
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RSI (65.33): Shows room for further upside before overbought conditions.
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Price action: Holding above the 50% Fibonacci retracement ($212.56) with next resistance at $231.87 (23.6% Fib).
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Long-term floor: The 200-day EMA ($179.27) provides solid downside support.
A close above $236.52 (pivot point) would confirm a breakout, targeting $249.12 (September swing high).
Beyond Market Action: Visibility as a Catalyst
Altcoin season isn’t just about capital rotation—it’s also about how effectively projects position themselves in the market spotlight. Just as Solana and HYPE benefit from clear fundamentals and strong narratives, other crypto projects must fight for visibility.
In this niche, Outset PR sets a new standard. Founded on data and market insight, Outset PR helps projects present themselves without overspending by optimizing PR budgets through its proprietary Syndication Map. This tool identifies which outlets attract the most traffic and which formats (e.g., top lists, features) achieve the strongest syndication lift.
As Senior Media Analyst Maximilian Fondé explains:
“If a company needs a top list article, we filter the table for media that publish this format, cross-check costs and placement conditions, and know within minutes which outlets to pitch.”
By narrowing outreach to the most effective outlets, Outset PR ensures smarter campaigns and lower costs. Its Media Relations team, led by Anastasia Anisimova, builds genuine trust with top-tier outlets, ensuring that placements gain traction where it matters.
Extended visibility through syndication amplifies these results: articles often get republished across platforms like CoinMarketCap and Binance Square, achieving up to 10x the outreach of the original post.
Case in point: StealthEX’s campaign with Outset PR secured 92 republications, reaching 3+ billion audience across CoinMarketCap, Binance Square, and Yahoo Finance.
This combination of targeted pitching, proprietary analytics, and syndication leverage allows Outset PR to deliver measurable results—helping crypto projects stand out during high-competition cycles like the current altcoin season.
Conclusion
Altcoin season is heating up, with HYPE and SOL leading the charge. HYPE’s futures dominance and revenue strength make it a standout among trading-focused protocols, while Solana’s booming DeFi ecosystem highlights its role as a leading smart contract platform.
For projects aiming to ride the wave of visibility in such cycles, the lesson is clear: strong fundamentals must be paired with smart narrative placement. With tools like Syndication Map and proven syndication strategies, Outset PR ensures crypto projects don’t just appear in the news—they dominate it.
You can find more information about Outset PR here:
Website: outsetpr.io
Telegram: t.me/outsetpr
X: x.com/OutsetPR
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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